Sun Life buying majority stake in Advisors Asset Management for US$214M
TORONTO — Sun Life Financial Inc. has signed a deal to buy a majority stake in U.S. firm Advisors Asset Management Inc. for US$214 million. AAM provides a range of services and products to financial advisers. Under the agreement, Sun Life will acquire a 51 per cent stake in the company, subject to customary adjustments […]
Sun Life buying majority stake in Advisors Asset Management for US$214M
TORONTO — Sun Life Financial Inc. has signed a deal to buy a majority stake in U.S. firm Advisors Asset Management Inc. for US$214 million. AAM provides a range of services and products to financial advisers. Under the agreement, Sun Life will acquire a 51 per cent stake in the company, subject to customary adjustments […]